Houston -- Houston-based Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced the acquisition of a 2.12-acre property with an existing 13,000-sq.-ft. office building located near the cross streets of U.S. Highway 59 N and West Little York Road in Houston.
“This property is located at a dominant retail intersection with strong tenant demand and limited supply,” said Baker Katz Development Partner Neal Wade, who led the charge on the acquisition. The initial plans for the property include the addition of a 7,000-sq.-ft. retail space and restaurant or restaurant pad site. Construction on the new building is slated to begin in 2016.